Compared to those of his Republican predecessors, President Harding and Coolidge, Republican President Herbert Hoover‘s approach to the economy differed because he -Embraced more laissez-faire policies
-Supported more regulation of industry
-Favored government ownership of transportation systems
-Called for the abolishment of all regulatory agencies

the berlin blockade was an international crisis that arose from an attempt by the soviet union, in 1948–49, to force the western allied powers (the united states, the united kingdom, and france) to abandon their post-world war ii jurisdictions in west berlin. in march 1948 the allied powers decided to unite their different occupation zones of germany into a single economic unit. in protest, the soviet representative withdrew from the allied control council. coincident with the introduction of a new deutsche mark in west berlin (as throughout west germany), which the soviets regarded as a violation of agreements with the allies, the soviet occupation forces in eastern germany began a blockade of all rail, road, and water communications between berlin and the west. on june 24 the soviets announced that the four-power administration of berlin had ceased and that the allies no longer had any rights there.

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an economic reason that the south needed a reconstruction plan is that plantations, factories, and other businesses were destroyed during the war.